Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.
Category: Federal Reserve System
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Accenture Will Invest $3 Billion to Expand Its A.I. Offerings
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JPMorgan Seeks to Settle Lawsuit by Jeffrey Epstein Victims
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As the Fed Meets, It Shares an Inflation Problem With the World
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U.S. Job Growth Remains Strong Despite Economic Clouds
Employers added 339,000 workers in May, the Labor Department said, though the report also offered signs of shakiness.
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Jobs Numbers in Focus as the Fed Hints at a ‘Skip’
Federal Reserve officials are expected to leave rates unchanged at their June 13-14 meeting. Fresh jobs data will factor into the decision.
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Job Openings Rose in April, Defying Cooling Trend
The Labor Department report may put pressure on the Federal Reserve to raise interest rates further to stem inflation.
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.